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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) June 21,1996
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REGENCY AFFILIATES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-7949 72-0888772
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
381 Robinwood Lane, Wheaton, IL 60187
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (708) 690-8684
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(Former name or former address, if changed since last report.)
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Not Applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
Not Applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
Not Applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Not Applicable.
ITEM 5. OTHER EVENTS.
See Attached Press Release.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
Not Applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Not Applicable.
ITEM 8. CHANGE IN FISCAL YEAR.
Not Applicable.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
REGENCY AFFILIATES, INC.
Dated June 21, 1996 /s/ Gary K. Nuttall
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Gary K. Nuttall, President
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REGENCY AFFILIATES, INC.
NASDAQ:RAFF
JUNE 21, 1996
CONTACT: GARY K. NUTTALL 708-690-8684
Regency Affiliates, Inc. announced today that it had closed a $3.5
million zero coupon loan with an undisclosed lender. The loan has a term of
approximately 9 1/2 years, with a final maturity date of December 31, 2005.
Except for certain rights of Regency to make voluntary prepayments or of the
lender to require prepayments in certain limited circumstances, principal and
accrued interest on the loan become due at the maturity date. Regency intends
to use the proceeds of the loan for acquisitions and/or general corporate
purposes.
Regency's common stock is traded in the Bulletin Board of NASDAQ under
the symbol RAFF.